Thanks for the responses. Maybe jumping the gun on rental but also see
@RWD's point.
@Dicey, yeah I've been thinking to do a case study. Abridged version below.
@Wolfpack Mustachian, I've been studying that list. Step 1-3 completed. Steps 4 and 5 can be done this year.
@Sibley, that's after factoring in taxes on the gains
Abridged Case Study:
38, married with 2 kids.
Income: $190k before OT and Bonus; ~20% take home left over after taxes, 401k, other deductions. Will improve after kids get done with day care.
Debt:
House - $284 @ 2.5% [Refinanced last year; ~$160k equity]
401k Loan - $23k @ 4% [Must be paid in full to close]
Camper - $13k @3.5% [This is already on next on list to pay off]
Investments:
401k - $760k
Taxable Accounts - $146k
No Roths/IRA yet